Which paid more, XLVI or XLYI?

Over the year to Nov 4, 2026, XLVI paid 13.0% of its starting price in cash and XLYI paid 13.4%, so XLYI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, XLVI or XLYI?

With every distribution reinvested, XLVI returned +20.7% and XLYI +1.5% over the year to Nov 4, 2026.

Which is cheaper, XLVI or XLYI?

XLVI and XLYI both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

XLVI vs XLYI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, XLYI paid 13.4% of its price in cash against XLVI’s 13.0%, though XLVI returned more with it reinvested.

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Net assets on Nov 3, 2026: $38m for State Street Health Care Select Sector SPDR Premium Income ETF and $46m for State Street Consumer Discretionary Select Sector SPDR Premium Income ETF.

XLVI on its own →XLYI on its own →

At a glance

13.0%

XLVI cash paid, 1 year

13.4%

XLYI cash paid, 1 year

+20.7%

XLVI total return, 1 year

+1.5%

XLYI total return, 1 year

XLVI · 1 year to Nov 4, 2026 12.2 pts behind XLV

XLVI

+20.7%

XLV

+32.9%

12.2 pts behind XLV

XLVI over 1 year: paid 13.0%, price +6.1%, total +20.7%, XLV +32.9%, −12.2 pts. Data to Nov 4, 2026.

XLV

+32.9%

XLVI

+20.7%

13.0% of it arrived as cash

12.2 pts behind XLV

Total return, distributions reinvested

12.2 pts behind XLV

XLVI over 1 year: paid 13.0%, price +6.1%, total +20.7%, XLV +32.9%, −12.2 pts. Data to Nov 4, 2026.

XLV

+32.9%

XLVI

+20.7%

12.2 pts behind XLV

13.0% of it arrived as cash. Total return, distributions reinvested. XLVI over 1 year: paid 13.0%, price +6.1%, total +20.7%, XLV +32.9%, −12.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XLYI · 1 year to Nov 4, 2026 2.1 pts behind XLY

XLYI

+1.5%

XLY

+3.6%

2.1 pts behind XLY

XLYI over 1 year: paid 13.4%, price −12.2%, total +1.5%, XLY +3.6%, −2.1 pts. Data to Nov 4, 2026.

XLY

+3.6%

XLYI

+1.5%

2.1 pts behind XLY

Total return, distributions reinvested

2.1 pts behind XLY

XLYI over 1 year: paid 13.4%, price −12.2%, total +1.5%, XLY +3.6%, −2.1 pts. Data to Nov 4, 2026.

XLY

+3.6%

XLYI

+1.5%

2.1 pts behind XLY

13.4% of it arrived as cash. Both charts share one scale, with zero at the line. XLYI over 1 year: paid 13.4%, price −12.2%, total +1.5%, XLY +3.6%, −2.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

Both cost 0.35% a year; their one-year returns differ by 19.2 points; XLYI is 1.2 times larger.

Points (pts) are percentage points.

XLVI vs XLYI: Dividend Yield & Total Return
Measure	XLVI	XLYI
Paid and earned
Measure	XLVI	XLYI
Total return, 1 year	+20.7%	+1.5%
Price change, 1 year	rose 6.1%	fell 12.2%
Return of capital, issuer estimate	100% of the Nov 5, 2026 payment
Against its benchmark
Measure	XLVI	XLYI
Benchmark	Health care sector, measured through XLV	Consumer discretionary, measured through XLY
Cost and size
Measure	XLVI	XLYI
Expense ratio	0.35%	0.35%
Net assets, as of Nov 3, 2026	$38m	$46m
Holdings
Measure	XLVI	XLYI
Holdings in common	0%

ETFIQ Distribution Coverage Score · XLVI scores higher How much of what it paid out did its total return cover?

IQ Income Score79.3XLVI21.3XLYI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

XLVI 79.3

XLYI 21.3

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

Risk and return

Aug 8, 2025 to Oct 30, 2026 · 64 weekly returns

XLVI XLYI

Return

Total return edge XLVI +32.2% +5.6%

Annualized edge XLVI +25.5% +4.5%

Price return edge XLVI +13.5% −10.8%

Risk

Volatility edge XLVI 10.8% 14.6%

Max drawdown edge XLVI −8.1% −12.3%

Downside capture 70.5% 86.7%

Beta 0.60 0.80

Risk-adjusted

Sharpe edge XLVI 1.80 0.11

Sortino edge XLVI 2.93 0.16

Treynor 0.325 0.020

Calmar edge XLVI 3.13 0.37

Against the benchmark

Alpha +2.8% a year +0.8% a year

Alpha t-stat 0.75 0.30

Information ratio −1.07 0.14

Tracking error 7.8% 4.6%

Each against its own benchmark: XLVI against XLV, Aug 8, 2025 to Oct 30, 2026; XLYI against XLY, Aug 8, 2025 to Oct 30, 2026.

Reading

From Aug 2025 to Oct 2026, XLVI returned more: +32.2% to +5.6%. XLVI swung less: 10.8% to 14.6%. XLVI fell less at its worst: −8.1% to −12.3%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: XLVI vs XLYI: Dividend Yield & Total Return
Measure	XLVI	XLYI	Edge	How it is measured
Return
Total return	+32.2%	+5.6%	XLVI	Price change plus distributions, reinvested.
Annualized	+25.5%	+4.5%	XLVI	Total return as a yearly rate.
Price return	+13.5%	−10.8%	XLVI	Price change alone, distributions left out.
Risk
Volatility	10.8%	14.6%	XLVI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	6.7%	10.0%	XLVI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−8.1%	−12.3%	XLVI	Deepest fall from a high to the low after it.
Upside capture	56.2%	74.9%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	70.5%	86.7%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	0.60	0.80	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.86	0.96	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	1.80	0.11	XLVI	Return above Treasury bills per unit of volatility.
Sortino	2.93	0.16	XLVI	Return above Treasury bills per unit of downside deviation.
Treynor	0.325	0.020		Return above Treasury bills per unit of beta.
Calmar	3.13	0.37	XLVI	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	XLV	XLY		The ETF each fund is measured against.
Alpha	+2.8% a year	+0.8% a year	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	0.75	0.30	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−4.6% to +10.2%	−4.7% to +6.4%	Includes zero	The 95% range for the yearly alpha.
Information ratio	−1.07	0.14		Return against its benchmark per unit of tracking error.
Tracking error	7.8%	4.6%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 64 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, XLVI and XLYI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first XLVI XLYI

Only in one fund ↓

Only in XLVI

STATE STREET HEALTH CARE SELEC 103.76%

STATE STREET HEALTH CARE SELEC NOV26 183 CALL -0.03%

STATE STREET HEALTH CARE SELEC NOV26 189 CALL -0.04%

STATE STREET HEALTH CARE SELEC NOV26 181 CALL -0.04%

STATE STREET HEALTH CARE SELEC NOV26 185 CALL -0.17%

STATE STREET HEALTH CARE SELEC NOV26 175 CALL -0.19%

STATE STREET HEALTH CARE SELEC NOV26 179 CALL -3.29%

Only in XLYI

STATE STREET CONSUMER DISCRETI 103.77%

STATE STREET CONSUMER DISCRETI NOV26 121 CALL -0.01%

STATE STREET CONSUMER DISCRETI NOV26 118.5 CALL -0.02%

STATE STREET CONSUMER DISCRETI NOV26 119.5 CALL -0.02%

STATE STREET CONSUMER DISCRETI NOV26 119 CALL -0.02%

STATE STREET CONSUMER DISCRETI NOV26 116 CALL -0.04%

STATE STREET CONSUMER DISCRETI NOV26 117 CALL -0.06%

STATE STREET CONSUMER DISCRETI NOV26 114 CALL -3.67%

Check overlap with more funds →

Side by side

XLVI State Street Health Care Select Sector SPDR Premium Income ETF · Covered call on XLV, paying monthly XLYI State Street Consumer Discretionary Select Sector SPDR Premium Income ETF · Covered call on XLY, paying monthly

Issuer State Street State Street

Strategy covered call covered call

Benchmark Health care sector (XLV) Consumer discretionary (XLY)

Pays monthly monthly

Payout rate, annualized 14.0% 17.6%

Expense ratio 0.35% 0.35%

Cash paid, 1 year 13.0% 13.4%

Price change, 1 year +6.1% −12.2%

Total return, 1 year +20.7% +1.5%

Benchmark return, 1 year +32.9% +3.6%

Ahead or behind −12.2 pts −2.1 pts

Return of capital, latest estimate 100% 100%

Age 1.3 years 1.3 years

Net assets, as of Nov 3, 2026 $38m $46m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: XLVI vs XLYI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	XLVI	XLYI	XLVI	XLYI	XLVI	XLYI
3 months	+6.8%	−0.2%	3.5%	3.3%	−9.2 pts	−3.5 pts
6 months	+18.1%	+1.2%	6.5%	6.6%	−13.4 pts	−1.3 pts
1 year	+20.7%	+1.5%	13.0%	13.4%	−12.2 pts	−2.1 pts
Since launchXLVI Jul 2025 · XLYI Jul 2025	+29.9%	+7.9%	17.2%	17.7%	−14.4 pts	−2.8 pts

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Alert

About each fund

XLVI

Over the year to Nov 4, 2026, XLVI paid 13.0% of its starting value in cash distributions while its price rose 6.1%. With every distribution reinvested, the fund returned +20.7%. Health care sector (XLV) returned +32.9% over the same days, so a holder was behind by 12.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 14.0%, paid monthly. State Street estimates that 100% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

XLYI

Over the year to Nov 4, 2026, XLYI paid 13.4% of its starting value in cash distributions while its price fell 12.2%. With every distribution reinvested, the fund returned +1.5%. Consumer discretionary (XLY) returned +3.6% over the same days, so a holder was behind by 2.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 17.6%, paid monthly.

Questions people ask

Which paid more, XLVI or XLYI?: Over the year to Nov 4, 2026, XLVI paid 13.0% of its starting price in cash and XLYI paid 13.4%, so XLYI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, XLVI or XLYI?: With every distribution reinvested, XLVI returned +20.7% and XLYI +1.5% over the year to Nov 4, 2026.
Which is cheaper, XLVI or XLYI?: XLVI and XLYI both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

XLVI vs CHPY XLVI vs BIOY XLVI vs FINY XLVI vs XLKI XLYI vs BIOY XLYI vs EIPI XLYI vs CHPY XLYI vs FINY

Where to next

Health care sector (XLV) →Consumer discretionary (XLY) →XLVI on its own →XLYI on its own →XLVI dividend history →XLVI holdings →XLYI dividend history →XLYI holdings →Method →Standards and sources →

Sources and dates

XLVI and XLYI filings on SEC EDGAR ↗

XLVI and XLYI prospectus with the expense ratio (SEC) ↗

XLVI 19a-1 distribution notice ↗

State Street website ↗

XLYI 19a-1 distribution notice ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, XLVI against XLYI, data as of Nov 4, 2026. https://etfiq.com/compare/income/xlvi-vs-xlyi

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